EnerNOC Receives 2014 Smart Grid Product of the Year

Published 9:05 AM ET Wed, 4 June 2014
Globe Newswire

BOSTON, June 4, 2014 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS), today announced that it has received a 2014 Smart Grid Product of the Year award from Smart-Grid.TMCnet.com.EnerNOC's software was recognized as an example of outstanding innovation in smart grid technology.

"Enterprises use software to deliver visibility and support decision making for every major operational cost center, but to date, managing energy has largely been ignored or relegated to spreadsheets. We've proven that energy intelligence software is a game changer for enterprise energy management. It delivers a clear bottom-line impact by applying the power of information technology to energy," said Gregg Dixon, SVP of Marketing and Sales at EnerNOC. "EnerNOC's software gives customers a cloud-based platform to capture and analyze real-time energy and energy-related data to buy energy better, reduce waste, and optimize when energy is used. We're honored to that our application received this recognition."

EnerNOC has invested almost $200 million in its technology platform to date and its software is now deployed at tens of thousands of enterprise sites globally. EnerNOC's platform streams real-time energy data into customers' EIS applications so they can view and analyze their real-time energy consumption, prioritize activities and investments, take action toward meeting objectives, and report on progress toward goals.

"The solutions that have been selected for the 2014 Smart Grid Product of the Year Award reflect the diverse range of innovation driving this market. Congratulations to EnerNOC which exemplified the best of smart grid technologies in the past year," said Carl Ford, CEO and Community Developer, Crossfire Media.

"It is my pleasure to recognize EnerNOC with a Smart Grid Product of the Year Award for its contribution to the advancement of smart grid technologies," said Rich Tehrani, CEO, TMC. "I look forward to seeing more innovation from EnerNOC in the coming year."